Specialty Insurance was Old Republic International’s largest segment in fiscal 2023, bringing in $8.24B of $12.91B (64%).
| Reinsurance Premiums for Insurance Companies, by Product Segment | FY 2014 | FY 2015 | FY 2016 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|
| Specialty Insurance | — | — | $7.62B | $8.24B | ||||
| General Insurance | $6.79B | $7.11B | — | — | ||||
| Title Insurance Group | $5.79B | $7.92B | $7.00B | $4.60B | ||||
| Life Insurance In Force | $1.46B | — | — | — | ||||
| Rfig Run-Off | $90.20M | $65.20M | $46.40M | $32.80M | ||||
| Rfig Run-Off Business | — | — | — | — | ||||
| Life Accident Insurance | $24.00M | $22.00M | $19.20M | $18.20M | ||||
| Life &Amp; Health Insurance | — | — | — | — | ||||
| Accident & Health Insurance | $13.20M | $12.20M | $11.20M | $10.60M | ||||
| Life Insurance | $10.60M | $9.60M | $7.80M | $7.60M | ||||
| Total | $14.17B | $15.14B | $14.70B | $12.91B |
Old Republic International brought in $12.91B from its six segments in fiscal 2023, the year ended December 31, 2023. That was down 12.2% from $14.70B in fiscal 2022. Specialty Insurance was the largest at $8.24B (63.8%), ahead of Title Insurance Group at $4.60B (35.6%) and Rfig Run-Off at $32.80M (0.3%). The other three segments brought in $36.40M combined.
Compared with fiscal 2022, Specialty Insurance grew 8.2% to $8.24B, while Title Insurance Group fell 34.3% to $4.60B.
Old Republic International began breaking out Specialty Insurance in fiscal 2022, when it brought in $7.62B. Old Republic International stopped reporting General Insurance ($7.11B in fiscal 2021) and Life Insurance In Force ($1.46B in fiscal 2020) as separate segments.
General Insurance was Old Republic International’s largest revenue line in fiscal 2012, bringing in $4.65B of $8.20B (57%).
| Insurance Product Line | FY 2012 |
|---|---|
| General Insurance | $4.65B |
| Title Insurance Group | $2.50B |
| Rfig Run-Off Business | $821.00M |
| Life &Amp; Health Insurance | $117.20M |
| Accident & Health Insurance | $90.40M |
| Life Insurance | $26.60M |
| Total | $8.20B |
Old Republic International brought in $8.20B from its six revenue lines in fiscal 2012, the year ended December 31, 2012. General Insurance was the largest at $4.65B (56.7%), ahead of Title Insurance Group at $2.50B (30.5%) and Rfig Run-Off Business at $821.00M (10.0%). The other three revenue lines brought in $234.20M combined.
Specialty Insurance Group was Old Republic International’s largest segment in fiscal 2023, bringing in $8.24B of $12.89B (64%).
| Statement Business Segments | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Of Major Segments | — | — | — | ||||||||||
| Specialty Insurance Group | — | $7.62B | $8.24B | ||||||||||
| General Insurance Group | $7.11B | — | — | ||||||||||
| Title Insurance Group | $7.92B | $7.00B | $4.60B | ||||||||||
| Rfig Run-Off | $65.20M | — | — | ||||||||||
| Rfig Run-Off Business | — | — | — | ||||||||||
| All Other Segments | — | — | — | ||||||||||
| Corporate Other | — | $65.80M | $51.20M | ||||||||||
| Consolidation Elimination Adjustments | — | — | — | ||||||||||
| Total | $15.10B | $14.68B | $12.89B |
Old Republic International brought in $12.89B from its three segments in fiscal 2023, the year ended December 31, 2023. That was down 12.2% from $14.68B in fiscal 2022. Specialty Insurance Group was the largest at $8.24B (63.9%), ahead of Title Insurance Group at $4.60B (35.7%) and Corporate Other at $51.20M (0.4%).
Compared with fiscal 2022, Specialty Insurance Group grew 8.2% to $8.24B, while Title Insurance Group fell 34.3% to $4.60B.
Old Republic International began breaking out Specialty Insurance Group in fiscal 2022 and Corporate Other in fiscal 2022. Old Republic International stopped reporting General Insurance Group ($7.11B in fiscal 2021) and Rfig Run-Off ($65.20M in fiscal 2021) as separate segments.
Old Republic International (ORI) reports its revenue by reinsurance premiums for insurance companies, by product segment, by insurance product line and by statement business segments. In fiscal 2023, Specialty Insurance was its largest segment, bringing in $8.24B (63.8% of the total), followed by Title Insurance Group at $4.60B (35.6%).
Specialty Insurance was Old Republic International's largest segment in fiscal 2023, bringing in $8.24B, or 63.8% of the $12.91B total across its six segments.
General Insurance was Old Republic International's largest revenue line in fiscal 2012, bringing in $4.65B, or 56.7% of the $8.20B total across its six revenue lines.
Specialty Insurance grew faster than Title Insurance Group in fiscal 2023, up 8.2% from $7.62B to $8.24B. Title Insurance Group fell 34.3% to $4.60B.
Every figure comes from Old Republic International's annual financial filings, as reported. Each line keeps the name Old Republic International gives it, and years follow its fiscal calendar.
Old Republic International's revenue by reinsurance premiums for insurance companies, by product segment goes back to fiscal 2014, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.